Latest Stock Market News

2021 sees a dip in launch of online-only firms

Updated at : 2022-01-19 08:30:03

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About 215 D2C firms were founded in 2019 and 2020 each, according to the latest numbers by Tracxn, a market intelligence provider for private company data.

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Denying all the contentions of Axis Finance, ZEE has said in its response that neither the company nor its MD and CEO Punit Goenka are party to any of the loan documents.

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Sony has strengthened its network of in-house games studios in recent year and delivered a string of exclusive hits including in its "Spider-man" franchise, with Microsoft left playing catch-up.

Gold ETF assets surge 27% in 2021

Updated at : 2022-01-19 08:30:03

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Digital gold investments are in exchange-traded funds (ETFs), where the units represent physical gold which may be in paper or dematerialised form. One gold ETF unit is equal to 1gm of the yellow metal. It is backed by physical gold of high purity. Gold ETFs combine the flexibility of stock investments and the simplicity of purchasing the yellow metal.

Gold flat near one-week low as US rate hike looms

Updated at : 2022-01-19 08:30:03

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Gold prices were flat on Wednesday, steadying near a one-week low hit in the previous session, as the U.S. Treasury yields strengthened to two-year highs on expectations of quicker interest rate hikes by the Federal Reserve. Spot gold was little changed at $1,813.04 per ounce by 0118 GMT, after falling to a one-week low of $1,805 an ounce on Tuesday. U.S. gold futures were steady at $1,813.30.

Leaping yields buttress dollar ahead of Fed meeting

Updated at : 2022-01-19 08:30:03

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The dollar was firm on Wednesday after a rip higher in U.S. yields vaulted it up sharply on the euro overnight, putting it back above support levels that have held for the past few months in anticipation of rising U.S. interest rates.

Bajaj Auto, L&T Info, ICICI Lombard, JSW Energy, Tata Communications, OFFS, Syngene International, Sterlite Techn, Saregama and Mastek are among the companies that will announce their December quarter results today.

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Top stock picks in the IT pack include Tech Mahindra Ltd., Infosys Ltd., Tata Consultancy Services Ltd. and HCL Technologies Ltd.

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The financial assistance has been extended out of the Special Liquidity Facility of Rs 16,000 crore sanctioned by Reserve Bank of India to SIDBI to meet the challenges being faced by the MSMEs due to the prevailing Covid-19 pandemic situation.

HomeLane eyes Rs 1,500-crore IPO by mid-2022

Updated at : 2022-01-19 07:35:03

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Bank of America, Axis Capital and ICICI Securities have been hired to run the HomeLane IPO. They said 25-30% stake will be offered in the proposed IPO.

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